LG Chem Ltd

LG Chem Ltd exhibits a detailed governance framework to ensure its lobbying aligns with its climate strategy. The company explains that it "is participating in various engagement activities by supervising all climate change strategy and policy-related activities in the Sustainability Department under the Chief Sustainability Officer (CSO), thereby maintaining consistency of strategies," indicating a clear policy and process for managing its advocacy. Key inputs are provided by the Corporate Affairs Department, which reports "major domestic and foreign policy and legislative information ... monthly" that is "shared with the Sustainable Development Department," while recommendations are "continuously recommended to the government through meetings with petrochemical associations," demonstrating both direct and indirect lobbying oversight. Important issues are "listed on the agenda at the management meeting and reported to the CEO," and all decisions are "reported to the CSO," showing named executive ownership and formal review steps. The company also publicly commits to conduct its engagement in line with the "goals of the Paris Agreement." We found no evidence of a published audit or third-party review assessing the alignment of its climate lobbying, suggesting an opportunity to strengthen transparency through an external report.